OFW remittances in 2010, $18.76 B

The average monthly remittances was $1.37 B in 2008, $1.44 B in 2009, and $1.56 B in 2010. It is safe to assume an average of $1.65 to $1.7 B a month this year. In which case, the projected OFW remittances this year will be from $20 to $20.4 B.